#189: Dick Brown (Kathairos) - The Business Case for Methane Reduction: 185,000 Tonnes of C02 & How Producers Can Benefit
Greetings & welcome back to the podcast.
This episode we are joined by Dick Brown - President & CEO of Kathairos - a Methane reduction company based in Calgary, Alberta, Canada.
Kathairos technology is used by more than 55 major oil and gas producers in 17 North American shale basins, and is on track to generate $50MM in revenues by year end.
To date, Kathairos has mitigated ~185,000 metric tons of CO2 equivalent emissions from our customer’s operations – the equivalent of ~3MM trees planted in a single year.
Mr. Brown holds a BSc. Eng. from the University of Alberta, and a Professional engineer designation.
Among other things we discussed the business case for methane reduction: 185,000 tonnes of C02 & how producers can benefit.
Enjoy.
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Like Dick Brown story… listened to the tech part twice – where does the C02 go that is not dispersed into the air by the pump? interesting technology. It does sound very labor intensive to supply all the wells with Nitrogen. Are they factoring that aspect in the carbon credit? be interesting when if they go public